Singapore and CFTC zero in on Polymarket as wildfire bets fuel public outcry

Singapore and CFTC zero in on Polymarket as wildfire bets fuel public outcry
ôîòî ïîêàçàíî ñ : Cripyo.news

2025-1-14 18:19

How did a crypto betting platform become a global controversy, drawing fire from Singapore and the FBI and outraged users? Polymarket’s mounting troubles Singapore shines as a leading hub for technology and innovation. Yet, when it comes to gambling, the… origin »

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singapore polymarket shines fbi leading troubles mounting

Èñòî÷íèê: Cripyo.news

singapore polymarket → Ðåçóëüòàòîâ: 7


Singapore blocks Polymarket, calls it an “illegal gambling site”

Singapore’s regulator said Singapore Pools is the only licensed gambling operator in the country Anyone who uses an unlicensed gambling service is liable to face a fine of up to $10,000, six months in jail, or both Other countries that have restricted access to Polymarket include France, Taiwan, and the US Singapore’s gambling regulator has […] The post Singapore blocks Polymarket, calls it an “illegal gambling site” appeared first on CoinJournal.

2025-1-14 14:23


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Hong Kong’s SFC reviews digital asset treasuries as investor losses mount

Chairman Kelvin Wong warns of inflated DAT share prices. Boyaa Interactive and Ourgame International among affected firms. India and Australia also move to curb crypto-heavy listings. Hong Kong’s Securities and Futures Commission (SFC) has intensified its scrutiny of listed firms with digital asset treasuries (DATs) after findings suggested retail investors may have lost billions trading […] The post Hong Kong’s SFC reviews digital asset treasuries as investor losses mount appeared first on CoinJournal.

Singapore launches BLOOM to boost cross-border payments

Singapore is accelerating its digital finance ambitions through a new initiative called BLOOM — short for Borderless, Liquid, Open, Online, Multi-currency. Monetary Authority of Singapore (MAS) announced that BLOOM is designed to expand settlement capabilities using tokenized bank liabilities and regulated stablecoins.

Singapore delays Basel crypto banking rules to 2027

The Monetary Authority of Singapore will postpone the implementation of the Basel Committee’s crypto regulations from 2026 to 2027 to give banks more time to adjust. According to a report by Caixin media, the nation’s financial watchdog revealed in a…

IG Group buys Australian crypto exchange Independent Reserve

UK trading giant IG Group is set to acquire a 70% stake in Australian crypto exchange Independent Reserve in a A$178 million deal, pending regulatory approval in Australia and Singapore. IG Group to acquire majority stake in Independent Reserve UK-based…